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TOP NEWS
Crypto Founder Indicted Over $9M Crypto Rug Pull
By Celeste Bott
Cryptocurrency founder Alexander Sisemore has been indicted in Illinois federal court for orchestrating a fraudulent scheme that netted him about $9 million, with prosecutors alleging he concealed tokens he had allocated himself for free and surreptitiously sold them while misleading investors about the project's ownership.
Indictment attached |
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ENFORCEMENT
LITIGATION
BMW Beats X5 Transmission Defect Suit, For Now
By Gina Kim
BMW has defeated for now a proposed class action alleging it knew about a transmission component defect causing some of its cars to jerk and shudder but refused to cover repair costs, with a New Jersey federal judge saying Wednesday the allegations are insufficient to infer BMW knew about any defect.
Opinion attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
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